Monthly Rent Report
ZIP 60707 Rent Report — April 2024
Asking rents in ZIP 60707, Chicago, from 134 listings.
Median 1BR rent in ZIP 60707 was $1,000 in April 2024, down 29.8% (−$425) from March 2024 and unchanged year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts ZIP 60707 $500 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 134 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,710 | +$560 (+48.7%) | +$585 (+52.0%) | $1,290 – $1,766 | 6 |
| Studio | $1,150 | $0 (0.0%) | +$25 (+2.2%) | $1,150 – $1,430 | 3 |
| 1BR | $1,000 | −$425 (-29.8%) | $0 (0.0%) | $1,000 – $1,000 | 1 |
| 1BR | $1,450 | +$25 (+1.8%) | +$450 (+45.0%) | $1,400 – $1,613 | 6 |
| 2BR | $1,300 | −$1,000 (-43.5%) | −$100 (-7.1%) | $1,300 – $1,300 | 1 |
| 2BR | $2,350 | +$50 (+2.2%) | +$950 (+67.9%) | $2,200 – $2,561 | 24 |
| 3BR | $2,955 | +$604 (+25.7%) | +$455 (+18.2%) | $2,955 – $2,955 | 1 |
| 3BR | $2,500 | +$149 (+6.3%) | $0 (0.0%) | $2,295 – $2,650 | 75 |
| 4BR | $2,899 | $0 (0.0%) | — | $2,899 – $2,899 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
ZIP 60707 vs. Chicago — April 2024
| Bedrooms | ZIP 60707 Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,710 | $1,222 | +$488 (+39.9%) |
| Studio | $1,150 | $1,222 | −$72 (-5.9%) |
| 1BR | $1,000 | $1,500 | −$500 (-33.3%) |
| 1BR | $1,450 | $1,500 | −$50 (-3.3%) |
| 2BR | $1,300 | $1,850 | −$550 (-29.7%) |
| 2BR | $2,350 | $1,850 | +$500 (+27.0%) |
| 3BR | $2,955 | $2,300 | +$655 (+28.5%) |
| 3BR | $2,500 | $2,300 | +$200 (+8.7%) |
| 4BR | $2,899 | $2,800 | +$99 (+3.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.